Your synthesis and roadmap for an economics of education policy course.

There are many great research articles, good books, and provocative policy analyses related to the economics of education, but these materials are often written to influence the policy process and not necessarily for you who are still learning the underlying policies and the economic framework. This textbook is intended to give you a foundation for a broad-based course on the economics of education. Its goal is to provide you with an overview of economics of education research: to lay out the evidence as clearly as possible; note agreements, disagreements, and unresolved points in literature; and to help you develop the tools necessary to draw your own conclusions. You’ll be helped along by features including Opening Stories that show you a paradigm of economics concepts through an intriguing story or critical question, Toolbox for explanations on the technical tools you’ll need, and Deep Dive for in-depth analysis of specific research articles.

Sarah E. Turner

Sarah Turner is a University Professor of Economics & Education and the Souder Family Professor at the University of Virginia, where she holds appointments in the Department of Economics, the Curry School of Education, and the Batten School of Leadership and Public Policy. She is also a Faculty Research Associate of the National Bureau of Economics Research. Turner received her PhD in economics from the University of Michigan and her undergraduate degree from Princeton University. Professor Turner’s research focuses on how students make choices about college going, the impact of financial aid, and the determinants of postsecondary degree attainment. Turner’s research also examines global education markets and the role of high-skill immigration in labor market outcomes. Turner is a co–principal investigator (with Caroline Hoxby) of the Expanding College Opportunities project, a randomized controlled trial that had a substantial impact on college choice for high-achieving low-income students. Professor Turner’s research has received funding from federal agencies and private foundations including the Institute for Education Sciences, the Bill & Melinda Gates Foundation, the Spencer Foundation, and the Smith Richardson Foundation.

Michael Lovenheim

Michael Lovenheim is an Associate Professor in the Department of Policy Analysis and Management at Cornell University and is a Faculty Research Fellow at the National Bureau of Economic Research in the Economics of Education and Public Economics working groups. He joined the Cornell faculty in 2009 after receiving his BA in Economics from Amherst College in 2000 and his PhD in Economics from the University of Michigan in 2007. From 2007 to 2009, Professor Lovenheim was a Searle Freedom Trust Postdoctoral Fellow at the Stanford Institute for Economic Policy Research. He received both a Spencer Foundation Dissertation Fellowship in 2006 and a postdoctoral fellowship from the Spencer Foundation and the National Academy of Education in 2011. Professor Lovenheim’s research focuses on the economics of higher education as well as on teacher labor markets, and he has published widely in top economics, policy, and education journals. He currently sits on the editorial board of Journal of Human Resources and Demography and is a co-editor at Journal of Policy Analysis and Management.

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Your synthesis and roadmap for an economics of education policy course.

There are many great research articles, good books, and provocative policy analyses related to the economics of education, but these materials are often written to influence the policy process and not necessarily for you who are still learning the underlying policies and the economic framework. This textbook is intended to give you a foundation for a broad-based course on the economics of education. Its goal is to provide you with an overview of economics of education research: to lay out the evidence as clearly as possible; note agreements, disagreements, and unresolved points in literature; and to help you develop the tools necessary to draw your own conclusions. You’ll be helped along by features including Opening Stories that show you a paradigm of economics concepts through an intriguing story or critical question, Toolbox for explanations on the technical tools you’ll need, and Deep Dive for in-depth analysis of specific research articles.

E-book

Read online (or offline) with all the highlighting and notetaking tools you need to be successful in this course.

Sarah E. Turner

Sarah Turner is a University Professor of Economics & Education and the Souder Family Professor at the University of Virginia, where she holds appointments in the Department of Economics, the Curry School of Education, and the Batten School of Leadership and Public Policy. She is also a Faculty Research Associate of the National Bureau of Economics Research. Turner received her PhD in economics from the University of Michigan and her undergraduate degree from Princeton University. Professor Turner’s research focuses on how students make choices about college going, the impact of financial aid, and the determinants of postsecondary degree attainment. Turner’s research also examines global education markets and the role of high-skill immigration in labor market outcomes. Turner is a co–principal investigator (with Caroline Hoxby) of the Expanding College Opportunities project, a randomized controlled trial that had a substantial impact on college choice for high-achieving low-income students. Professor Turner’s research has received funding from federal agencies and private foundations including the Institute for Education Sciences, the Bill & Melinda Gates Foundation, the Spencer Foundation, and the Smith Richardson Foundation.

Michael Lovenheim

Michael Lovenheim is an Associate Professor in the Department of Policy Analysis and Management at Cornell University and is a Faculty Research Fellow at the National Bureau of Economic Research in the Economics of Education and Public Economics working groups. He joined the Cornell faculty in 2009 after receiving his BA in Economics from Amherst College in 2000 and his PhD in Economics from the University of Michigan in 2007. From 2007 to 2009, Professor Lovenheim was a Searle Freedom Trust Postdoctoral Fellow at the Stanford Institute for Economic Policy Research. He received both a Spencer Foundation Dissertation Fellowship in 2006 and a postdoctoral fellowship from the Spencer Foundation and the National Academy of Education in 2011. Professor Lovenheim’s research focuses on the economics of higher education as well as on teacher labor markets, and he has published widely in top economics, policy, and education journals. He currently sits on the editorial board of Journal of Human Resources and Demography and is a co-editor at Journal of Policy Analysis and Management.